Pacer Trendpilot International ETF (NYSEARCA:PTIN) Stake Lessened by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. cut its stake in Pacer Trendpilot International ETF (NYSEARCA:PTIN) by 2.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 738,276 shares of the company’s stock after selling 17,682 shares during the quarter. Raymond James Financial Services Advisors Inc. owned approximately 14.91% of Pacer Trendpilot International ETF worth $20,347,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. Kestra Advisory Services LLC increased its stake in shares of Pacer Trendpilot International ETF by 3.2% in the third quarter. Kestra Advisory Services LLC now owns 16,052 shares of the company’s stock worth $418,000 after acquiring an additional 500 shares during the last quarter. Eqis Capital Management Inc. increased its position in Pacer Trendpilot International ETF by 4.8% during the fourth quarter. Eqis Capital Management Inc. now owns 12,886 shares of the company’s stock worth $312,000 after buying an additional 590 shares during the last quarter. Geneos Wealth Management Inc. grew its position in shares of Pacer Trendpilot International ETF by 3.0% in the third quarter. Geneos Wealth Management Inc. now owns 32,156 shares of the company’s stock valued at $838,000 after purchasing an additional 940 shares during the last quarter. Advisor Group Holdings Inc. grew its position in shares of Pacer Trendpilot International ETF by 6.4% in the fourth quarter. Advisor Group Holdings Inc. now owns 18,336 shares of the company’s stock valued at $445,000 after purchasing an additional 1,105 shares during the last quarter. Finally, Private Advisor Group LLC grew its position in shares of Pacer Trendpilot International ETF by 6.2% in the first quarter. Private Advisor Group LLC now owns 19,627 shares of the company’s stock valued at $506,000 after purchasing an additional 1,147 shares during the last quarter.

Pacer Trendpilot International ETF Stock Performance

Shares of NYSEARCA:PTIN opened at $29.07 on Friday. The company has a market cap of $143.90 million, a P/E ratio of 8.86 and a beta of 0.44. The stock’s 50-day moving average is $28.09 and its 200-day moving average is $26.99. Pacer Trendpilot International ETF has a 52-week low of $24.78 and a 52-week high of $29.30.

About Pacer Trendpilot International ETF

The Pacer Trendpilot International ETF (PTIN) is an exchange-traded fund that is based on the Pacer Trendpilot International index. The fund tracks an index that allocates to a proprietary ex-US Large-Cap Index and\u002For 3-month US T-bills, according to momentum. PTIN was launched on May 2, 2019 and is managed by Pacer.